MOSCOW, Nov. 25 (Xinhua) — Daimler Truck AG, a subsidiary of German automaker Daimler AG, has acquired a 15-percent stake in Russian truck maker Kamaz.
The transaction took place on Nov. 15, according to a Kamaz statement on Monday, without elaborating.
Kamaz is Russia's top producer of heavy cargo trucks. It also manufactures a broad spectrum of other commercial vehicles, including diesel, gasoline and electric-powered buses.
Russian state-run conglomerate Rostec is Kamaz's largest shareholder. Another big owner is Avtoinvest company, which is controlled by a group of Russian business people and bankers.
Tag: Daimler
@Daimler: EQC.
With high tension we follow the development of the first fully electric vehicle under the new product and technology brand EQ. In mid-2019 the time has now come: The EQC is the first Mercedes-Benz vehicle to be launched under the EQ brand. With its seamless, clear design and colour highlights typical of the brand, it… Continue reading @Daimler: EQC.
China’s BAIC said to be willing to increase Daimler stake
Daimler’s main Chinese joint venture partner BAIC Group has signalled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler stake in July. Officials at BAIC‘s listed company BAIC Motor Corp Ltd said at investor conferences in mid-October that “both sides are willing to increase… Continue reading China’s BAIC said to be willing to increase Daimler stake
China’s BAIC willing to increase Daimler stake: sources
FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke BEIJING/FRANKFURT (Reuters) – Daimler’s (DAIGn.DE) main Chinese joint venture partner BAIC Group [BEJINS.UL] has signaled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after… Continue reading China’s BAIC willing to increase Daimler stake: sources
China’s BAIC signaled willingness to increase its stake in Daimler: sources
BEIJING/FRANKFURT, Nov 25 (Reuters) – Daimler’s main Chinese joint venture partner BAIC Group signalled its intention to increase its stake in the German luxury car manufacturer last month, sources briefed on the matter said, after it built up a 5% Daimler stake in July. Officials at BAIC’s listed company BAIC Motor Corp Ltd said at… Continue reading China’s BAIC signaled willingness to increase its stake in Daimler: sources
Geely Sets Up JV With German Air Taxis Start-Up After Leading Its $55M Series C1 Round
Chinese automotive company Zhejiang Geely Holding Group has led the first closing of a series C round of financing worth €50 million (US$55.16 million) in German aircraft manufacturer Volocopter, which will help the start-up realize commercial launch within the next three years. The investment took the total capital raised by Volocopter to €85 million (US$93.77… Continue reading Geely Sets Up JV With German Air Taxis Start-Up After Leading Its $55M Series C1 Round
November 22, 2019 Via Launches First Service in Salt Lake with Utah Transit Authority UTA On-Demand provides access to on-demand shared ride…
November 22, 2019 Via Launches First Service in Salt Lake with Utah Transit Authority UTA On-Demand provides access to on-demand shared rides in Salt Lake County November 23, 2019 (SALT LAKE CITY)– Via, the leader in public mobility, announces the launch of its first service in Utah in partnership with Utah Transit Authority (UTA). UTA… Continue reading November 22, 2019 Via Launches First Service in Salt Lake with Utah Transit Authority UTA On-Demand provides access to on-demand shared ride…
5G and the future of mobility
5G is better equipped to carry out critical communications for safer driving, support enhanced V2X, and connected mobility solutions. As a pioneer in digital mapping, in-car navigation, and mobility solutions, we at HERE are excited about the opportunities 5G technology presents for automated vehicles and connected mobility. And more than just sitting by and watching… Continue reading 5G and the future of mobility
Driving First Class: Mercedes-Benz Gives Ultra-Luxury, Performance the AI Treatment
AI is now riding in the lap of luxury. Mercedes-Benz just took the wraps off the much-anticipated Mercedes-Maybach GLS SUV — the largest model under the ultra-luxury brand today. The marquee feature of the vehicle’s interior is the MBUX intelligent cockpit, powered by NVIDIA. The debut, which took place at the Guangzhou Auto Show, follows… Continue reading Driving First Class: Mercedes-Benz Gives Ultra-Luxury, Performance the AI Treatment
Exclusive: V12 Will Return in Next Generation Mercedes-Benz S-Class in 2021 – GTspirit
Good news for fans of the V12 engine. During an exclusive interview with GTspirit, today at the Guangzhou Auto Show 2019, Daimler CEO Ola Kallenius confirmed that the V12 engine will return in the next generation 2021 Mercedes-Benz S-Class. Doubts about the return of the V12 engine were raised when Mercedes-Benz released the Mercedes-Maybach GLS… Continue reading Exclusive: V12 Will Return in Next Generation Mercedes-Benz S-Class in 2021 – GTspirit